Building Details

Buildings 1

Listing Agency: Peoples Company

Listed By: Douglas Bear · License #IA S67986000

Source: Crexi

Added: May 26 Changed: Aug 8 Last Checked: Jul 25 at 2:01PM

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Investment Insights

Based on property information with market context.

Located in southern Wayne County, Iowa, this recreational and income-producing property is situated within Iowa’s Zone 5. The property features the Middle Fork of Medicine Creek, which creates a live water corridor. Rolling ridges transition into mature hardwood timber, thick draws, and edge habitat. The property includes 174.38 acres enrolled in the Conservation Reserve Program (CRP), generating $28,916 annually. An additional 94.58 tillable acres are leased through the 2027 crop season. The property also features an impressive 30' x 53' (1,590 sq ft) Morton steel utility building with a polished concrete floor, a large overhead door, and finished living quarters, including an upper-level sleeping area. A dedicated storage area is located on the western end of the building. Utility services include rural water supplied by Rathbun Regional Water Association and electricity provided by Chariton Valley Electric Cooperative. The property is located 2.50 miles south of Allerton along the east side of 105th Street near County Highway S26. Numerous improvements, including extensive tree plantings, conservation-minded farming practices, established food plots, and stream crossings, have been implemented.

Key Highlights

• Proven trophy whitetail hunting in Iowa's Zone 5.
• Income‑producing property with CRP generating $28,916 annually and tillable acres leased through 2027.
• Exceptional habitat diversity with the Middle Fork of Medicine Creek, mature hardwood timber, and strategic food plots.

Property Analytics

Property Profile

Current Use

Farms

Location Intelligence

Trade Area within ½ mile

1

Businesses Nearby

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Demographics for 50008, IA

809

Population

355

Households

2.3

Avg Household Size

43

Median Age

18%

College-Educated

100%

High-School Grad

87.1 sq mi

ZIP Area

9

Density / Sq Mi

$77,083

Median Household Income

$38,750

Median Earnings

$583

Median Rent

$122,500

Median Home Value

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Frequently Asked Questions

What type of property is this?

Farm - Turn-key recreational property with income potential in Wayne County.

Where is this farm located?

The property is located at 2704 105th Street Allerton, IA.

What is the asking price?

The asking price for this property is $2,197,000.

What are key features of this property?

This property features: Proven trophy whitetail hunting in Iowa's Zone 5.; Income‑producing property with CRP generating $28,916 annually and tillable acres leased through 2027.; Exceptional habitat diversity with the Middle Fork of Medicine Creek, mature hardwood timber, and strategic food plots.